50, MILL LANE, LEIGH, WN7 2BU - £112,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 MILL LANE is a very small terraced house of 74m², built sometime before 1900, which could now be worth an estimated £133,342. It was last sold for £112,500 in November 2021, which was around 12% below the average November 2021 terraced price in the Wigan local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

50 MILL LANE Sold Prices

Land registry data shows three sales for 50 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wigan local authority area for the corresponding sale date. All of the three 50 MILL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 15 NOV	£112,500	£127,543	12% below HPI
2015 16 DEC	£85,000	£89,872	5% below HPI
2015 27 FEB	£60,000	£86,717	31% below HPI

50 MILL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wigan local authority area over time, sourced from the HPI. The three 50 MILL LANE sales between February 2015 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 50 MILL LANE be worth now?

50 MILL LANE might now be worth an estimated £133,342.

This is based on house price inflation of 18.5%, between November 2021 and July 2025, for terraced houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 50 MILL LANE of £112,500 on 15th November 2021. For the value to have increased from £112,500 to £133,342 over the four years and four months to July 2025, the following assumptions must hold true:

• The value of 50 MILL LANE has moved in line with the HPI for terraced houses in the Wigan local authority area.
• The November 2021 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 50 MILL LANE has not materially changed since November 2021.

How Large is 50 MILL LANE?

50 MILL LANE is 74m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of terraced houses houses in Leigh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leigh, and where 50 MILL LANE lies on this distribution: 11% of terraced houses houses are smaller than 50 MILL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Leigh.

50 MILL LANE: Plot and Title Map

50 MILL LANE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 50 MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 50 MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 50 MILL LANE?

50 MILL LANE is located in LEIGH, in the WN7 postcode district. The below map shows the position of No. 50 on MILL LANE.